• How We Can Serve You
We build customized, tailored solutions that meet your retirement objectives and secure your future success.
• Your Local Experts
Our team specializes in building custom solutions tailored to you and your business.
From plan design and implementation, to compliance, administration, government reporting and filings, recordkeeping, and ongoing plan support and consulting, we’re your local experts in retirement services.
Learn more about our Integrated Payroll Solutions.
401(K)
Includes traditional, Roth, and Safe Harbor 401(k) plans, along with plan administration, compliance testing, and reporting.
Profit Sharing
Employer-funded retirement plans where contributions are discretionary.
457 Plans
Tax-advantaged retirement plans for government and certain Not-for-Profit employers.
Defined Benefit & Cash Balance
Pension-style retirement plans with guaranteed benefits. Cash Balance plans combine features of defined benefit and defined contribution plans.
403(b)
Tax-advantaged retirement savings plan for employees of public schools, nonprofits, and certain religious organizations.
Employee Stock Ownership Plans (ESOP)
A qualified retirement plan that allows employees to gain ownership in the company by receiving shares of employer stock as a retirement benefit.
• A Service-Driven Approach
How we serve you throughout the year:
Our team works with you throughout the year to ensure you minimize your tax liability, maximize your retirement savings, stay compliant, and effectively meet your goals. This timeline is a sample that represents deadlines related to calendar year 401(k) plans.
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![HowardSimon Retirement focuses on annual plan administration from January to March, including ongoing retirement plan design review, annual notices, data request management, and data cleansing and validation.]()
January - March
With an ACP/ADP testing deadline of March 15th, our team is focused on census file collection, and data verification and cleansing. We complete robust testing protocols that ensure our clients are maximizing their retirement objects while maintaining a plan compliant with constantly changing regulations.
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![HowardSimon Retirement focuses on milestones for Annual Plan Administration, Data Cleansing & Validation, and Annual Contributions from April to June.]()
April - June
In Q2, our team is focused on data accuracy and completeness as we begin the 5500 filing process. With ongoing support for plan participants and reconciliation procedures with record keepers underlying the data needed for 5500 production, we’re also leveraging insight to help you plan for future tax planning.
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![HowardSimon Retirement focuses on tasks like annual contributions, asset reconciliation, annual testing, and annual reporting from July to September.]()
July - September
As we prepare for the October 15th 5500 filing deadline we’re prioritizing any corrections, testing concerns, or outstanding data requests needed to ensure a plans ongoing compliance. We also use this window to discuss future needs, as identified by our testing and report prep, as we plan for the coming fiscal year.
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![HowardSimon Retirement focuses on Annual Plan Administration and Annual Reporting from October to December.]()
October - December
With all 5500s filed, signed, and complete by October 15th, we focus on reviewing testing procedures for the following year to adjust to any changes in regulatory guidance. We also use this time to meet with all customers to ensure their plan continues to meet their strategic objectives.
• Making Retirement Work for Everyone
Personal Design. Local Service. National Resources.
At HowardSimon Retirement, we combine deep local expertise with the national scale and resources of Strongpoint Partners, giving our clients the best of both worlds. From sole proprietors like dentists, attorneys, and physicians seeking solutions such as a 401(k) or Cash Balance Plan, to employers across Chicago’s small business community, our team designs strategies tailored to your goals. The result? Minimized tax liability, maximized retirement savings, stronger employee attraction and retention, and reduced risk through creditor protection.
19
Retirement Consultants
$4.5B+
Assets Under Management
120
New Plan Designs / Yr
8+
Avg. Yrs of Client Tenure
1,250+
Total Plans Administered
24
Avg. Yrs of Design Specialist Tenure
Backed by Strongpoint Partner’s national infrastructure to meet any challenge.
• For Financial Advisors
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A trusted TPA partner for advisors, for over 40 years.